GFM Network News


North American hog markets wracked by coronavirus

MarketsFarm — Besides shutting down entire cities and killing more than 1,000 people, China’s novel coronavirus outbreak has wreaked havoc on North America’s hog futures. “It’s a dubious relationship, but it is impacting markets,” said Tyler Fulton, risk management director for Hams Marketing Services in Winnipeg. Lean hog futures moved “in concert with drops in […] Read more




China can’t ban hope — pork sector is eyeing a great year

The supply-and-demand calculus is clear: Demand is high, supply is low, and those selling pork will find buyers

International pork markets are in disarray, but the prospects are good for pork producers here — even after Beijing’s new ban on Canadian pork exports. China had been a hot market for Canadian pork this year, with its purchases jumping by more than half in the first four months and moving the nation ahead of […] Read more





U.S. livestock: Lean hogs tumble after Trump threatens Mexico border closure

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended down sharply for a second straight day on Friday after a volatile session in which traders weighed thinner near-term hog supplies against risks to pork exports with Mexico. Early-session strength stemmed from a quarterly U.S. Department of Agriculture hog supply report, released after […] Read more



Pork producers tackle new challenges, opportunities in 2018

CNS Canada — Pork producers in Western Canada are still grappling with old problems even as new opportunities present themselves in the export market, according to presenters at the Manitoba Pork Council’s annual general meeting Thursday in Winnipeg. Canadian pork exports in 2017 totaled 1.29 billion tonnes to a tune of $4 billion. On its […] Read more